The 'Great Resignation' is coming

"The great resignation is coming," said Anthony Klotz, an expert on employee resignations, in a May 2021 interview with Bloomberg. Fast forward to June and the Survey of Working Arrangements and Attitudes (SWAA) found that over 40 percent of employees said they would leave if forced to go back to the office. In August, PricewaterhouseCoopers (PwC) confirmed an increase in the number of resignations. It added that 65 percent of employees had looked for a new job. After surviving the onslaught of Covid-19, companies face a new threat.

Cassie resigned as director of a multinational bank to pursue her passion for coaching. Gina left 10 years of work in the information technology-business process management (IT-BPM) industry and then opened a thriving coffee shop. Bernie switched to full-time remote work as a virtual assistant. This helped him avoid infecting his daughter who has a high risk of contracting the virus. These echo the 2021 Covid Edition Retention Report by the Work Institute that found the top 3 reasons for resignations revolved around career, health and family, and work-life balance.